Civic Intelligence

Fire Fighters Credit Union

990 • Fiscal year 2020 • EIN 73-0528996

Jan 01, 2020 to Dec 31, 2020 • Filed on May 03, 2021

9200 E 41st STTulsa, OK 74145

(918) 582-1191

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.84x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

16.40x

Higher debt load relative to revenue than 17% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

51st percentile

9.6%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

97th percentile

$195,215

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

20th percentile

9.4%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-8.2%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$41,661,295

Up $3,574,749 (+9.4%) from 2019

Net Assets

Up

$6,831,801

Up $203,368 (+3.1%) from 2019

Liabilities

Up

$34,829,494

Up $3,371,381 (+11%) from 2019

Revenue

Down

$2,124,347

Down $188,886 (-8.2%) from 2019

Expenses

Up

$1,920,979

Up $40,589 (+2.2%) from 2019

Net Income

Down

$203,368

Down $229,475 (-53%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $30,092,070Liabilities 2010: $25,085,331Net Assets 2010: $5,006,7392010Assets 2011: $33,338,981Liabilities 2011: $28,199,388Net Assets 2011: $5,139,5932011Assets 2012: $34,217,529Liabilities 2012: $28,933,693Net Assets 2012: $5,283,8362012Assets 2013: $34,791,840Liabilities 2013: $29,383,954Net Assets 2013: $5,407,8862013Assets 2014: $35,365,751Liabilities 2014: $29,750,769Net Assets 2014: $5,614,9822014Assets 2015: $37,143,239Liabilities 2015: $31,327,517Net Assets 2015: $5,815,7222015Assets 2016: $37,783,264Liabilities 2016: $31,860,418Net Assets 2016: $5,922,8462016Assets 2017: $38,272,604Liabilities 2017: $32,211,472Net Assets 2017: $6,061,1322017Assets 2018: $37,861,744Liabilities 2018: $31,666,154Net Assets 2018: $6,195,5902018Assets 2019: $38,086,546Liabilities 2019: $31,458,113Net Assets 2019: $6,628,4332019Assets 2020: $41,661,295Liabilities 2020: $34,829,494Net Assets 2020: $6,831,8012020Assets 2021: $42,787,595Liabilities 2021: $35,834,474Net Assets 2021: $6,953,1212021Assets 2022: $46,607,849Liabilities 2022: $39,202,469Net Assets 2022: $7,405,3802022Assets 2023: $43,587,151Liabilities 2023: $35,635,079Net Assets 2023: $7,952,0722023Assets 2024: $45,491,363Liabilities 2024: $36,828,220Net Assets 2024: $8,663,1432024

Highlighted filing

2020

Assets$41,661,295
Liabilities$34,829,494
Net Assets$6,831,801

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,946,0862010Expenses 2011: $1,724,6202011Revenue 2012: $1,842,887Expenses 2012: $1,698,644Net Income 2012: $144,2432012Revenue 2013: $1,759,673Expenses 2013: $1,635,623Net Income 2013: $124,0502013Revenue 2014: $1,874,536Expenses 2014: $1,667,440Net Income 2014: $207,0962014Revenue 2015: $1,965,520Expenses 2015: $1,764,780Net Income 2015: $200,7402015Revenue 2016: $2,022,038Expenses 2016: $1,914,914Net Income 2016: $107,1242016Revenue 2017: $2,092,935Expenses 2017: $1,954,649Net Income 2017: $138,2862017Revenue 2018: $2,234,370Expenses 2018: $2,099,911Net Income 2018: $134,4592018Revenue 2019: $2,313,233Expenses 2019: $1,880,390Net Income 2019: $432,8432019Revenue 2020: $2,124,347Expenses 2020: $1,920,979Net Income 2020: $203,3682020Revenue 2021: $1,939,110Expenses 2021: $1,817,784Net Income 2021: $121,3262021Revenue 2022: $2,409,297Expenses 2022: $1,957,038Net Income 2022: $452,2592022Revenue 2023: $2,813,181Expenses 2023: $2,266,488Net Income 2023: $546,6932023Revenue 2024: $3,026,134Expenses 2024: $2,506,123Net Income 2024: $520,0112024

Highlighted filing

2020

Revenue$2,124,347
Expenses$1,920,979
Net Income$203,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 3, 2021
Return Version
2020v4.0
Gross Receipts
$2,124,347
Mission and Program Overview

Mission

Credit Union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$24,090,617$22,194,008▼ $1,896,609
Savings and Temporary Cash Investments$6,320,889$15,799,255▲ $9,478,366
Investments Other Securities$5,706,525$1,624,726▼ $4,081,799
Land, Buildings, and Equipment, Net$1,523,310$1,504,883▼ $18,427
Cash and Non-Interest-Bearing Accounts$248,946$358,464▲ $109,518
Prepaid Expenses and Deferred Charges$111,456$108,446▼ $3,010
Total Assets$38,086,546$41,661,295▲ $3,574,749
Other Assets Total$84,803$71,513▼ $13,290
Liabilities
Other Liabilities$30,588,927$34,226,560▲ $3,637,633
Accounts Payable and Accrued Expenses$869,186$602,934▼ $266,252
Total Liabilities$31,458,113$34,829,494▲ $3,371,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,628,433$6,831,801▲ $203,368
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$6,628,433$6,831,801▲ $203,368
Total Liabilities and Net Assets / Fund Balance$38,086,546$41,661,295▲ $3,574,749

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$951,632$578,287$0
Other Land Buildings$0$0$0
Land$517,692-$0
Equipment$35,559$316,310$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frances ReedCEOFT$155,272$39,943$195,215
Tim WhiteCFOFT$118,194$15,200$133,394
Susan DriggersCOOFT$111,657$15,241$126,898

Board Members and Trustees

NameTitle
Bill GoswickBoard Member
Gordon GingrichBoard Member
James WalkerBoard Member
Janet JacksonBoard Member
Peggy SmithBoard Member
Renee ProfittBoard Member
Selena MeyerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,048,943
Investment Income
$75,404
Other Revenue
$0
Change in Net Assets
$203,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$970,219
Other Expenses$916,118
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$406,269
Other Salaries and Wages---$375,816
Office Expenses---$280,935
Information Technology---$227,564
Other Employee Benefits---$89,162
Depreciation Depletion---$69,849
Payroll Taxes---$58,214
Occupancy---$56,305
Fees for Services Other---$43,779
Insurance---$41,232
Pension Plan Contributions---$40,758
Benefits to Members---$34,642
Fees for Services Legal---$21,812
Other Expenses---$7,027
Advertising---$6,805
Travel---$4,248
Total Functional Expenses$0$0$0$1,920,979
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Membership Shares$34,226,560
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Credit Union is member owned

Form 990, Part VI, Section A, Line 7A

Members elect board of directors

Form 990, Part VI, Section B, Line 11B

Taxes prepared from financial statements that have been reviewed by Board of Directors

Form 990, Part VI, Section B, Line 12C

An auditor oversees yearly the compliance of all policy's

Form 990, Part VI, Section C, Line 19

Governing documents and other documents are available to the public upon request, financial statements are posted monthly.

Filing and Contact Details

Filer

Filer Name
Fire Fighters Credit Union
EIN
73-0528996
Phone
9185821191
Address
9200 E 41st ST, Tulsa, OK 74145

Signing Officer

Name
Tim White
Title
CFO
Phone
9185821191
Signed
2021-05-03

Organization Details

Principal Officer
Frances Reed
Formed
1933
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
10
Volunteers
7
Raw XML AppendixShowing 400 of 439 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01411506
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1375251
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2173794
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt441536
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0123415
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0236237
IRS990/PYOtherExpensesAmt0848315
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02076996
IRS990/PYRevenuesLessExpensesAmt0432843
IRS990/PYSalariesCompEmpBnftPaidAmt0908660
IRS990/PYTotalExpensesAmt01880390
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02313233
IRS990/ReconcilationRevenueExpnssAmt0203368
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02124346
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06320889
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015799255
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0951632
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0578287
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01529919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt035559
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0316310
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0351869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0517692
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0517692
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034226560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERSHIP SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01504883
IRS990ScheduleD/TotalLiabilityAmt034226560
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09987
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt05970
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Frances Reed
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0195215
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit Union is member owned
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Taxes prepared from financial statements that have been reviewed by Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An auditor oversees yearly the compliance of all policy's
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and other documents are available to the public upon request, financial statements are posted monthly.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt038086546
IRS990/TotalAssetsEOYAmt041661295
IRS990/TotalAssetsGrp/BOYAmt038086546
IRS990/TotalAssetsGrp/EOYAmt041661295
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01920979
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031458113
IRS990/TotalLiabilitiesEOYAmt034829494
IRS990/TotalLiabilitiesGrp/BOYAmt031458113
IRS990/TotalLiabilitiesGrp/EOYAmt034829494
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06628433
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06831801
IRS990/TotalOtherCompensationAmt049238
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01888022
IRS990/TotalProgramServiceRevenueAmt02048943
IRS990/TotalReportableCompFromOrgAmt0406269
IRS990/TotalRevenueGrp/ExclusionAmt02124347
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02124347

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.5$36.8$8.66$3.03$2.51$0.52
2023Detailed filing. Detailed filing data is available for this year.$43.6$35.6$7.95$2.81$2.27$0.55
2022Detailed filing. Detailed filing data is available for this year.$46.6$39.2$7.41$2.41$1.96$0.45
2021Detailed filing. Detailed filing data is available for this year.$42.8$35.8$6.95$1.94$1.82$0.12
2020Detailed filing. Detailed filing data is available for this year.$41.7$34.8$6.83$2.12$1.92$0.20
2019Detailed filing. Detailed filing data is available for this year.$38.1$31.5$6.63$2.31$1.88$0.43
2018Detailed filing. Detailed filing data is available for this year.$37.9$31.7$6.20$2.23$2.10$0.13
2017Detailed filing. Detailed filing data is available for this year.$38.3$32.2$6.06$2.09$1.95$0.14
2016Detailed filing. Detailed filing data is available for this year.$37.8$31.9$5.92$2.02$1.91$0.11
2015Detailed filing. Detailed filing data is available for this year.$37.1$31.3$5.82$1.97$1.76$0.20
2014Detailed filing. Detailed filing data is available for this year.$35.4$29.8$5.61$1.87$1.67$0.21
2013Detailed filing. Detailed filing data is available for this year.$34.8$29.4$5.41$1.76$1.64$0.12
2012Summary only. Only limited summary data is available for this year.$34.2$28.9$5.28$1.84$1.70$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.3$28.2$5.14$1.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$25.1$5.01$1.95
Peer Organizations

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